Section: Main news

      Russian special services force Ukrainian workers in Russia into cooperation: SBU
      May16

      Russian special services force Ukrainian workers in Russia into cooperation: SBU

      The Security Service of Ukraine learned that the Russian special services try to recruit seasonal workers from Ukraine, resorting to threats and blackmail.The special services of the Russian Federation tried to force a Ternopil resident, who had moved to work in Russia in his teenage years, into spying for Russia against Ukraine, according to the...

      High Time for Privatization in Ukraine
      May16

      High Time for Privatization in Ukraine

      Last year, the Ukrainian government recorded 1,833 operating state-owned companies, and another 1,700 that were standing still. These 3,500 companies do not yield any profits; instead, they cause the government vast losses. Any profit is stolen. Sensibly, the government focused on cutting losses and improving corporate governance in 2015. Now,...

      How Ukraine Can Recover Its Stolen Assets from Kleptocrats and Russia
      May16

      How Ukraine Can Recover Its Stolen Assets from Kleptocrats and Russia

      Ukraine has suffered from a negligent and criminal administration, then revolution, war, invasion, annexation, and a situation close to economic collapse. One can argue that turning to legal solutions for recovery of some of the losses that Ukraine has suffered is not realistic or practical. While it is true that Ukraine cannot frogmarch members...

      Reduction of hryvnia loan rates below 10% possible in 5 yrs – NBU Deputy Governor
      May16

      Reduction of hryvnia loan rates below 10% possible in 5 yrs – NBU Deputy Governor

      Deputy chief of the National Bank of Ukraine Dmytro Solohub said that the rates on bank loans in the national currency can fall under 10% in the next five years, provided that the deposit rates are at around 5%, as well as Ukraine`s judicial and tax systems are reformed.”If we are talking about inflation falling down to 5% in 2-3 years, and there...

      BPP faction elects new chairman
      May16

      BPP faction elects new chairman

      The Bloc of Petro Poroshenko faction unanimously elected chairman of the faction Ihor Hryniv, according to an UaPosition correspondent citing his sources in the faction.As UaPosition reported earlier, former chairman of the Bloc of Petro Poroshenko faction, Yuriy Lutsenko, on May 12 was appointed a Prosecutor General of Ukraine.The Bloc of Petro...

      Jamala’s Triumph at Eurovision Reminds Ukraine to Take Cultural Diplomacy Seriously
      May16

      Jamala’s Triumph at Eurovision Reminds Ukraine to Take Cultural Diplomacy Seriously

      The 2016 Eurovision Song Contest has energized Ukrainians, whose spirits had been low due to “Ukraine fatigue,” continuous political feuds, and lack of reforms. Jamala’s win and her powerful song about persecution and the abuse of Crimean Tatars has filled our hearts with pride and solidarity. It also reminds us that culture is a powerful...

      Ukraine GDP shows slight rise in 1Q – State Statistics Service
      May16

      Ukraine GDP shows slight rise in 1Q – State Statistics Service

      Ukraine`s GDP grew by 0.1% in the first quarter of 2016 in annual terms, compared with the first quarter of 2015, as reported on the website of the State Statistics Service of Ukraine, referring to operative data.The gross domestic product of Ukraine in the first quarter of 2016 compared with the fourth quarter of 2015 decreased by 0.7%, taking...

      Impossible to have meaningful reforms in Ukraine when borders unstable: U.S. State Department
      May16

      Impossible to have meaningful reforms in Ukraine when borders unstable: U.S. State Department

      U.S. Deputy Assistant Secretary of State Benjamin Ziff was critical of Russia`s failure to implement the Minsk agreements in Donbas in an interview with Lithuania`s LNK TV.”Our position on Minsk Agreements is very clear: they have to be fully implemented before any sanction relief on Russia can be contemplated,” said Ziff.”It is impossible to...

      Trump says unlikely to have good relationship with British PM Cameron
      May16

      Trump says unlikely to have good relationship with British PM Cameron

      Donald Trump has said he is unlikely to have a good relationship with David Cameron because the British prime minister cast the U.S. presidential candidate as ”divisive, stupid and wrong” for proposing a temporary ban on Muslims entering the United States, according to Reuters.After Trump`s call for an entry ban on Muslims, Cameron criticized...

      USDA projects Ukraine`s share in global sunflowerseed oil trade at 56%
      May16

      USDA projects Ukraine`s share in global sunflowerseed oil trade at 56%

      The United States Department of Agriculture (USDA) projects Ukraine will retain its leading position in global trade in sunflowerseed oil in the 2016-2017 marketing year (September 2016 through August 2017), accounting for 56%.During the current 2015-2016 marketing year, Ukraine`s share in global sunflowerseed oil trade is estimated at 54%, the...